A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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Micron Technology Inc (MU) Ended the Cycle from December 2022 Low
Read MoreMicron Technology, Inc. (MU) designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. MU Weekly Chart March 2023 As we see […]
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AUDUSD Elliott Wave Analysis: short term favors downside from bounces
Read MoreHello traders, welcome to a new Forex blog post. In this one, we will discuss AUDUSD short-term Elliott wave analysis. We believe the forex pair is still within a bearish corrective cycle from late September 2024. Thus, the current minor bounce should fail at some point, leading to a further intraday sell-off. From the perspective […]
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Elliott Wave Intraday View in Silver (XAGUSD) Favoring the Upside
Read MoreSilver (XAGUSD) is looking to resume higher to end 5 waves rally from August 8, 2024. This article and video look at the Elliott Wave path.
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SPDR Consumer Staples ETF ( $XLP ) Found Buyers At The Blue Box Area.
Read MoreHello everyone. In today’s article, we will look at the past performance of the 4H Hour Elliott Wave chart of SPDR Consumer Staples ETF ($XLP). The rally from 5.31.2024 low unfolded as 5 waves impulse. So, we expected the pullback to unfold in 3 swings and find buyers again. We will explain the structure & […]